For more than four decades, the New Zealand Institute of Economic Research (NZIER) has conducted a two-question, quarterly survey of architect forecasts of public and private sector construction expenditure. This qualitative ...

Harris, Richard; Silverstone, Brian(Department of Economics, University of Waikato, 2000-05)

Okun's law - the relationship between unemployment and output - is one of the best known empirical regularities in macroeconomics. It is an important relationship because the way in which unemployment reacts to changes in ...

The New Zealand Institute of Economic Research (NZIER) has conducted and published a quarterly survey of business opinion continuously, and with largely unchanged questions, since June 1961. The Institute’s Quarterly Survey ...

Markov regime-switching analysis is used to consider the relationship between business confidence and the probability of turning points in cyclical GDP. We find, in an application to New Zealand, that confidence is related ...

Markov regime-switching analysis is used to consider the relationship between business confidence and the probability of turning points in cyclical GDP. We find, in an application to New Zealand, that confidence is related ...